John Reizenstein Purchases 5,000 Shares of Beazley plc (LON:BEZ) Stock

Beazley plc (LON:BEZ) insider John Reizenstein bought 5,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was acquired at an average cost of GBX 736 ($9.27) per share, for a total transaction of £36,800 ($46,330.10).

Beazley Stock Performance

Shares of BEZ opened at GBX 776 ($9.77) on Friday. The business’s 50 day moving average is GBX 767.72 and its two-hundred day moving average is GBX 718.51. Beazley plc has a 52-week low of GBX 493.80 ($6.22) and a 52-week high of GBX 805.55 ($10.14). The firm has a market cap of £4.87 billion, a price-to-earnings ratio of 515.54, a PEG ratio of 1.57 and a beta of 0.68. The company has a quick ratio of 6.45, a current ratio of 21.78 and a debt-to-equity ratio of 14.99.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their target price on Beazley from GBX 880 ($11.08) to GBX 950 ($11.96) and gave the company a “buy” rating in a research report on Thursday, August 8th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Beazley presently has a consensus rating of “Buy” and an average target price of GBX 943 ($11.87).

About Beazley

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.